by Coin Desk | October 13, 2025 11:06 pm | Crypto News
The crypto market staged a recovery on Monday following the weekend’s $500 billion bloodbath that resulted in a $10 billion drop in open interest.Bitcoin (BTC) rose by 1.4% while ether (ETH) outperformed with a 2.5% gain. Synthetix (SNX), meanwhile, stole the...
by Coin Desk | October 13, 2025 9:09 pm | Crypto News
Hong Kong-listed investment bank China Renaissance is seeking to raise $600 million to introduce a public crypto treasury focused on BNB, the native token of the BNB Chain that’s widely used for discounts on Binance fees.The project, if completed, would mark one of...
by Coin Desk | October 13, 2025 8:10 pm | Crypto News
The largest ether (ETH) treasury company BitMine Technologies (BMNR) bought last week’s dip in crypto prices, adding 202,037 tokens, $828 million at current prices, to its holdings, the firm reported on Monday.”The crypto liquidation over the past few days...
by Coin Desk | October 13, 2025 8:09 pm | Crypto News
Singapore’s High Court has approved Zettai Pte. Ltd.’s restructuring scheme, clearing the path for the reopening of Indian crypto exchange WazirX less than a year after it was crippled by the largest hack on any crypto business in the country.The sanction order...
by Coin Desk | October 13, 2025 5:15 pm | Crypto News
By Francisco Rodrigues (All times ET unless indicated otherwise)A rapid and violent sell-off wiped more than $500 billion from crypto markets Friday, triggering forced liquidations, collapsing wrapped tokens, leading to nearly $20 billion in liquidations, and...
by Coin Desk | October 13, 2025 5:15 pm | Crypto News
Hyperliquid will activate its HIP-3 network upgrade on Monday, allowing anyone who meets onchain requirements to launch perpetual futures markets on the platform.An administrator announced in Hyperliquid’s Discord that the Oct. 13 upgrade will turn on HIP-3, adding...
by Coin Desk | October 13, 2025 4:10 pm | Crypto News
Synthetix’s native token SNX has jumped more than 120% in the past 24 hours, reclaiming levels not seen since before the 2022 market crash and sparking fresh conversation around the return of DeFi’s earliest “dino coins.”A dino coin is a colloquial term for a token or...
by Coin Desk | October 13, 2025 2:15 pm | Crypto News
During Friday’s turbulent market sell-off, Ethena’s synthetic dollar, USDe, which maintains its 1:1 peg to the USD through cash-and-carry arbitrage, briefly dropped, hitting 65 cents on Binance.However, this dramatic dislocation was confined to Binance as opposed to...
by Coin Desk | October 13, 2025 2:15 pm | Crypto News
The coming week in crypto will bring a positive development in the case of Ethereum’s Fusaka upgrade being applied to the Sepolia testnet.However, concerns remain over the crypto market in general as the U.S. government continues its shutdown, which has halted...
by Coin Desk | October 13, 2025 12:21 pm | Crypto News
Marathon Digital Holdings (NASDAQ: MARA) appears to have taken advantage of Friday’s market turmoil to load up on bitcoin (BTC), according to data curated by Arkham Intelligence.Marathon Digital Holdings, which holds about 52,850 BTC (worth roughly $6.06...
by Coin Desk | October 13, 2025 12:21 pm | Crypto News
Bitcoin (BTC) traders are catching their breath after one of the wildest weekends in the asset’s history.The flash crash that happened late Friday following Trump’s 100% tariff announcement on Chinese imports wiped nearly $19 billion in crypto positions — the largest...
by Coin Desk | October 13, 2025 12:20 pm | Crypto News
Dogecoin ripped through resistance on massive inflows, surging 11% in 24 hours to challenge the $0.22 threshold. Institutional desks led the breakout, pushing volume to four times its daily average as momentum indicators flipped decisively bullish. Traders are now...
by Coin Desk | October 13, 2025 11:15 am | Crypto News
XRP clawed back $30 billion in market value after last week’s tariff-driven collapse, ripping from $2.37 to $2.58 on explosive institutional volume. The rebound printed one of the year’s heaviest sessions, confirming aggressive dip-buying as traders reposition ahead...
by Coin Desk | October 13, 2025 10:19 am | Crypto News
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.We’ve probably all heard this phrase: “Once is an accident, twice is a coincidence, three times is a pattern.”The old saying is perfectly applicable to the...
by Coin Desk | October 13, 2025 8:10 am | Crypto News
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s...
by Coin Desk | October 13, 2025 3:04 am | Crypto News
Tether CEO Paolo Ardoino said in a post on X on Sunday that “Bitcoin and Gold will outlast any other currency,” a minimalist line that aligns with how the stablecoin issuer has positioned parts of its reserves over the past two years.On May 17, 2023,...
by Coin Desk | October 13, 2025 12:04 am | Crypto News
Friday’s crypto sell-off was a fast, leverage-driven cascade that crushed altcoins while bitcoin held up comparatively better — and the next phase hinges on a handful of signals, according to Wiston Capital Founder Charlie Erith.In a Sunday post titled “Crypto...
by Coin Desk | October 12, 2025 11:05 pm | Crypto News
Binance has voluntarily announced compensation for users who incurred losses due to platform’s disruptions late Friday that triggered a significant price crash in wrapped beacon ether (wBETH), Binance Staked SOL (BNSOL), and Ethereum’s synthetic dollar...
by Coin Desk | October 12, 2025 11:04 pm | Crypto News
A modest reversal from Friday evening’s carnage in crypto markets is underway after some calming trade war-related remarks from both Beijing and Washington.The walk-backs began late Saturday when China’s Ministry of Commerce said its rate-earth export...
by Coin Desk | October 12, 2025 8:06 pm | Crypto News
As the final quarter of 2025 gets underway, investors are entering a historically favorable period for crypto markets — particularly for bitcoin (BTC), which has delivered an average Q4 return of 79% since 2013.According to a new report from CoinDesk Indices, several...
